Blackrock Global Stock Company Profile
Information
55 East 52nd Street
New York NY 10055
212 810 5300
www.blackrock.com/investing/products/240195/blackrock-floating-rate-income-trust-usd-fund
Industry: Asset Management
Sector: Financial Services
Description
BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.
